Community Healthcare Trust (CHCT) Tops Q4 FFO by 2c/Share

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Go back to Community Healthcare Trust (CHCT) Tops Q4 FFO by 2c/Share

Community Healthcare Trust Announces Results for the Three Months Ended December 31, 2015

February 25, 2016 5:00 PM EST

FRANKLIN, Tenn., Feb. 25, 2016 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) today announced results for the three months ended December 31, 2015.  Normalized FFO for the three months ended December 31, 2015 totaled $0.37 per diluted common share.  The Company reported net income for the fourth quarter of approximately $121,000.

Highlights include:

During the fourth quarter of 2015, the Company acquired eight properties and its new corporate office for a total purchase price of $29.9 million. The eight properties, located in five states, total approximately 214,000 square feet and were 97.7% leased upon acquisition. A... More